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20121202
20121210
Search Results 0 to 4 of about 5 (some duplicates have been removed)
years answering the same question. but right after the election, we sent a plan to the president where we gave revenues but looking for spending cuts. and he took three weeks to come back to us. he has gone on still on the campaign trail, still working through. but you have to understand, republicans have not waited to solve this problem and sat back. in the summer, we passed a bill that froze the rates, and passed it. it sat in the senate. we believe we want to solve this problem. we think this is our moment. this is our time. >> is the moment -- does it come down to this, where you would say, look, we'll give you higher marginal tax rates if we get something significant on spending, medicare, in return? >> it doesn't solve the problem. if the president is asking for higher ratings, he is asking for more revenue. most economists agree the best way to get that is through closing special loopholes. and when you close those, it makes a fair tax process. so people invest on the return, not invest based upon what the irs says. >> senator durbin, the opening position, as i sort of gleaned i
have to give him credit, calm, cool, collected, holding the line and remembering what this election is all about. get your cell phones out. i want to know what you think. tonight's question. will republicans punish speaker boehner for trying to work with the president? text a for yes, b to no to 622639. you can always go to our blog and leave a comment. we'll bring the results later on in the show. joining me tonight is congressman emanuel cleaver from missouri. congressman, great to have you with us. >> good to be with you. >> you bet. i would like to talk about the congressional black caucus if i could. they have been very, very strong about do not touch the entitlements, we're not going to move on this. so you have the president not moving on rates. you have your caucus not moving at all on entitlements. although you said the democratic leadership -- you said you could support means testing for medicare. what does that mean and how far are you willing to go. >> first of all, social security is off the table. there are not only 42 members in the congressional black caucus who woul
politicians do. the republicans lost the election. they know they're going to have to raise revenues. but i think the over-hyping of deficits the deficit mania that seized this town, is kind of crazy. i mean, i love alan simpson and erskine bowles, but they're talking about inflation at a moment when people are paying us money to invest in our treasury bonds. you know, the summer before last, when we had the debt ceiling negotiations, and everybody was saying oh, our credit is about to go down the tubes. the price of u.s. treasury bonds were going up. so the fact is that we have a problem. i'm hoping that we'll deal with it especially, you know, the old age entitlementes, because sooner or later you and i are going to be old enough to qualify for medicare, and we're going to at the present time to be a good system. but we i think a little rationality is called for. >> schieffer: you're saying it's not as bad as it seems. the fact of the matter swhen the bush tax cuts run out at the end of the year, when payroll tax-- whatever they call it, runs out at the end of the year, people's taxes are
Search Results 0 to 4 of about 5 (some duplicates have been removed)